Industrials

ALS operates in an unglamorous but powerful niche: the testing, inspection and certification of everything from mineral drill core to food and drinking water. Its FY2026 result, for the year ended 31 March 2026 and reported in May, was a record, driven by a …

•Backlogrose 9% over the year to $13.8 billion, with more than 60% expected to convert within twelve months; bookings reached $15.5 billion.

• EBITDA rose 8.2% to $273.3 million, lifting the EBITDAMarginto a record 9.4%, up 1.1 percentage points.

• Underlying EBIT surged roughly 167.6% to $468.0 million; statutory EBIT climbed to $407.4 million.

•Backlogrose 9% over the year to $13.8 billion, with more than 60% expected to convert within twelve months; bookings reached $15.5 billion.

• Recent company updates provide the main operational or financial evidence.

• Recent company figures provide the main evidence for the current operating picture.